News

 

Forex News

  • Gulliver cements HSBC legacy with DPA removal
    on December 11, 2017 at 3:15 pm

    Outgoing chief executive was determined to leave HSBC without the deferred prosecution agreement (DPA) continuing to loom over the bank’s entire business and reputation. […]

  • Banks breathe a little sigh of relief as Basel III is completed
    on December 11, 2017 at 11:30 am

    Basel III – or IV, if you’re a banker – is finally complete, and if implemented harmoniously across countries, it could force banks to raise huge amounts of capital, but tweaks to the final proposals render them less harsh than many expected. […]

  • Ukraine: Wanted – patient central bank governor
    on December 6, 2017 at 11:45 am

    What’s holding up a key appointment for the Ukrainian economy and banking system? […]

  • The outlier in Brazil isn’t politics
    on December 6, 2017 at 11:15 am

    While growth forecasts for Brazil for 2018 are turning optimistic, a few – a surprisingly small number in fact – are warning about a growing downside risk for next year: a negative hit from a persistent drought. […]

  • Seoul suffers as Woori woes spread
    on December 4, 2017 at 11:00 pm

    Within the space of a few weeks, Woori Bank, South Korea’s second-largest lender, was slammed in parliament, lost a chief executive and prompted an investigation into hiring practices that may suck in the entire financial industry. What happens next is anybody’s guess. […]

  • Australia gets its royal commission – but to what end?
    on December 4, 2017 at 10:00 pm

    Australian banks will face a year-long review into their conduct, but it’s not clear what they will expose that’s not already out there. […]

  • China v India in Reliance Communications spat
    on December 4, 2017 at 10:00 am

    News broke last week of an intriguing insolvency petition in India: under the new Insolvency and Bankruptcy Code, high-profile disputes are now commonplace, but what’s interesting here is it pits a Chinese policy bank against an Indian private-sector corporation. […]

  • BNPP plants its flag in the UK
    on December 1, 2017 at 12:30 pm

    Without fanfare, BNP Paribas is building its network among UK corporate clients. It’s following a template that’s already paying dividends in Germany. Is it on track to be Europe’s pre-eminent bank? […]

  • When are we going to talk about tax avoidance?
    on December 1, 2017 at 9:45 am

    It won’t be long before banks are going to be answering to the public about their role in advising clients on tax avoidance. […]

  • Nordea’s lessons for pan-European banks
    on November 30, 2017 at 3:45 pm

    Nordea shares big problems with other big European banks – it offers no easy solution to them. […]

Finextra Research Headlines The Latest Financial IT News Headlines

RTT - Forex Top Story Global financial news, market analysis, economics and forex news

  • New Zealand Food Prices Ease 0.1% In November
    on December 12, 2017 at 10:45 pm

    Food prices in New Zealand dipped a seasonally adjusted 0.1 percent on month in November, Statistics New Zealand said on Wednesday. […]

  • German Economic Sentiment Deteriorates More Than Forecast
    on December 12, 2017 at 12:58 pm

    Germany's economic sentiment weakened more-than-expected in December amid political uncertainty, a closely-watched survey revealed Tuesday. The ZEW Indicator of Economic Sentiment fell 1.3 points to 17.4 in December, the Mannheim-based think tank ZEW said. The indicator remained below its long-term average of 23.7 and the expected level of 17.6. […]

  • UK Inflation Rises To 3.1%, Highest Since 2012
    on December 12, 2017 at 12:28 pm

    UK inflation accelerated unexpectedly to its highest level in more than five years in November, on airfares and computer games, official data showed Tuesday. Inflation rose slightly to 3.1 percent in November from 3 percent in October, the Office for National Statistics said. Price growth was last higher in March 2012. The inflation rate was expected to remain at 3 percent. […]

  • European Economics Preview: UK Inflation Data Due
    on December 12, 2017 at 5:14 am

    Consumer and producer prices from the UK are due on Tuesday, headlining a light day for the European economic news. […]

  • Australia Q3 House Prices Ease 0.2% On Quarter
    on December 12, 2017 at 1:47 am

    Residential property prices in Australia fell 0.2 percent on quarter in the third quarter of 2017, the Australian Bureau of Statistics said on Tuesday. […]

  • New Zealand Credit Card Spending Jumps 1.4% In November
    on December 10, 2017 at 10:48 pm

    Overall credit card spending in New Zealand climbed a seasonally adjusted 1.4 percent on month in November, Statistics New Zealand said on Monday. […]

  • U.S. Wholesale Inventories Drop More Than Expected In October
    on December 8, 2017 at 4:31 pm

    A report released by the Commerce Department on Friday showed wholesale inventories in the U.S. decreased by more than expected in the month of October. The report said wholesale inventories fell by 0.5 percent in October after inching up by a downwardly revised 0.1 percent in September. […]

  • U.S. Consumer Sentiment Unexpectedly Deteriorates In December
    on December 8, 2017 at 4:07 pm

    Reflecting a deterioration in consumer expectations, the University of Michigan released a report on Friday showing an unexpected decrease in U.S. consumer sentiment in the month of December. The report said the preliminary reading on the consumer sentiment index for December fell to 96.8 from the final November reading of 98.5. […]

  • U.S. Employment Jumps More Than Expected But Wage Growth Misses Estimates
    on December 8, 2017 at 2:16 pm

    Employment in the U.S. increased by more than anticipated in the month of November, according to a report released by the Labor Department on Friday, although the report also showed weaker than expected wage growth during the month. The report said non-farm payroll employment jumped by 228,000 jobs in November. […]

  • UK Industrial Output Remains Flat; Manufacturing Continues To Rise
    on December 8, 2017 at 12:26 pm

    UK industrial production remained unchanged in October, while manufacturing continued to expand on car production. Industrial production remained flat, as expected, after expanding 0.7 percent in September, data from the Office for National Statistics revealed Friday. […]

  • German Exports Fall Unexpectedly; Imports Rebound
    on December 8, 2017 at 10:55 am

    Germany's exports declined unexpectedly in October, while imports rebounded at a faster-than-expected pace on domestic demand, data from Destatis showed Friday. Exports decreased 0.4 percent month-on-month in October, the same as seen in September. Shipments were forecast to grow 1 percent. This was the second straight decline in exports. […]

  • China's Export Growth Tops Expectations
    on December 8, 2017 at 6:18 am

    China's exports expanded much faster than expected in November but the annual increase in imports outpaced export growth, data from the General Administration of Customs showed Friday. In dollar terms, exports advanced 12.3 percent year-over-year in November, well above the 5.9 percent rise economists had forecast. […]

  • European Economics Preview: UK Industrial Output Data Due
    on December 8, 2017 at 5:28 am

    Industrial production and foreign trade reports from the UK are due on Friday, headlining a busy day for the European economic news. […]

  • Japan Q3 GDP Revised Up To +0.6% On Quarter
    on December 8, 2017 at 1:33 am

    Japan's gross domestic product was bumped up to a seasonally adjusted gin of 0.67 percent on quarter in the third quarter of 2017, the Cabinet Office said on Friday. […]

  • U.S. Weekly Jobless Claims Unexpectedly Edge Down To 236,000
    on December 7, 2017 at 2:07 pm

    A day ahead of the release of the closely watched monthly jobs report, the Labor Department released a report on Thursday unexpectedly showing a modest decrease in first-time claims for U.S. unemployment benefits in the week ended December 2nd. […]

  • German Industrial Production Declines Unexpectedly In October
    on December 7, 2017 at 11:58 am

    Germany's industrial production dropped unexpectedly in October driven by weakness across major sectors except energy. Industrial production fell 1.4 percent month-on-month in October, following a revised 0.9 percent drop in September, data from Destatis showed Thursday. […]

  • Australia Has A$105 Million Trade Surplus In October
    on December 7, 2017 at 1:48 am

    Australia posted a seasonally adjusted merchandise trade surplus of A$105 million in October, the Australian Bureau of Statistics said on Thursday - down 93 percent on month. […]

  • U.S. Labor Productivity Growth Unrevised At 3.0% In Q3
    on December 6, 2017 at 2:23 pm

    Labor productivity in the U.S. saw a notable increase in the third quarter, according to a revised report released by the Labor Department on Wednesday. The report said labor productivity jumped by 3.0 percent in the third quarter, unchanged from the preliminary estimate. […]

  • U.S. Private Sector Employment Increases By 190,00 Jobs In November
    on December 6, 2017 at 2:07 pm

    Employment in the U.S. private sector increased by slightly more than expected in the month of November, payroll processor ADP revealed in a report released on Wednesday. ADP said private sector employment climbed by 190,000 jobs in November after surging up by 235,000 jobs in October. […]

  • India Central Bank Retains Key Rates
    on December 6, 2017 at 12:24 pm

    India's central bank left its key interest rates unchanged on Wednesday, defying calls for a reduction, as inflation moved closer to 4 percent. At the fifth bi-monthly monetary policy session, the Monetary Policy Committee of the Reserve Bank of India decided to maintain the repo rate at 6.00 percent and the reverse repo rate at 5.75 percent. […]

  • German Factory Orders Log Unexpected Growth
    on December 6, 2017 at 11:37 am

    Germany's factory orders increased unexpectedly in October helped by demand from domestic market and non-euro area economies. New orders in manufacturing climbed 0.5 percent month-on-month in October, but slower than the revised 1.2 percent rise in September, figures from Destatis revealed Wednesday. Orders were forecast to fall 0.2 percent. […]

  • European Economics Preview: Germany's Factory Orders Data Due
    on December 6, 2017 at 5:17 am

    Factory orders data from Germany is due on Wednesday, headlining a light day for the European economic news. […]

  • Australia GDP Climbs 0.6% On Quarter In Q3
    on December 6, 2017 at 1:48 am

    Australia's gross domestic product expanded a seasonally adjusted 0.6 percent on quarter in the third quarter of 2017, the Australian Bureau of Statistics said on Wednesday. […]

  • U.S. Service Sector Growth Slows More Than Expected In November
    on December 5, 2017 at 3:38 pm

    Activity in the U.S. service sector grew at a slower than expected rate in the month of November, the Institute for Supply Management revealed in a report released on Tuesday. The ISM said its non-manufacturing index dropped to 57.4 in November from 60.1 in October. […]

  • U.S. Trade Deficit Widens More Than Expected To $48.7 Billion In October
    on December 5, 2017 at 2:11 pm

    With imports rising and exports edging lower, the Commerce Department released a report on Tuesday showing the U.S. trade deficit widened more than expected in the month of October. The report said the trade deficit widened to $48.7 billion in October from a revised $44.9 billion in September. […]

  • UK Service Sector Growth Moderates In November
    on December 5, 2017 at 11:36 am

    British service sector growth moderated in November from a six-month high as Brexit uncertainty weigh on growth and confidence, survey data from IHS Markit showed Tuesday. The IHS Markit/Chartered Institute of Procurement & Supply Purchasing Managers' Index, dropped more-than-expected to 53.8 in November from 55.6 in October. […]

  • European Economics Preview: UK Services PMI Data Due
    on December 5, 2017 at 6:56 am

    The services Purchasing Managers' survey from the UK and retail sales from euro area are due on Tuesday. […]

  • Australia Keeps Rates On Hold
    on December 5, 2017 at 6:30 am

    Australia's central bank decided to leave its interest rate at a record low, as widely expected, at the final meeting of the year. The board of the Reserve Bank of Australia, governed by Philip Lowe, maintained the cash rate at 1.50 percent. The interest rate has been at this level since August 2016. The bank had reduced the rate by 25-basis points each in August and May last year. […]

  • China's Private Sector Growth Momentum Improves Slightly
    on December 5, 2017 at 4:48 am

    China's private sector growth momentum improved marginally in November, survey results from IHS Markit revealed Tuesday. The Caixin composite output index rose to 51.6 in November from October's 16-month low of 51.0. A score above 50 indicates expansion. […]

  • Australia Q3 Current Account Deficit A$9.125 Billion
    on December 5, 2017 at 2:48 am

    Australia posted a seasonally adjusted current account deficit of A$9.125 billion in the third quarter of 2017, the Australian Bureau of Statistics said on Tuesday - up 6 percent on quarter. […]

The Global InterGold secret: where to buy gold and earn money?